SILICON-BAY SOFTWARE SOLUTIONS
ActiveSummary
SILICON-BAY SOFTWARE SOLUTIONS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €4k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+81
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 5.89 against 12.73 in 2024; short-term debt: 17% and cash: 8.2% of total assets), and 17% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83%
Return on assets
9.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
3 d early
2023
9 d early
2022
33 d early
2021
39 d early
2020
35 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 13.2%
2024 · €30k
2018: €43k
2019: €42k
2020: €54k
2021: €38k
2022: €45k
2023: €39k
2024: €30k
2018 → 2025
Total assets
€41k▲ 25.6%
2024 · €32k
2018: €89k
2019: €43k
2020: €64k
2021: €60k
2022: €51k
2023: €41k
2024: €32k
2018 → 2025
Net result
€4k
2024 · €-9k
2018: €9k
2019: €-2k
2020: €12k
2021: €-16k
2022: €7k
2023: €-7k
2024: €-9k
2018 → 2025
Working capital
€34k▲ 13.2%
2024 · €30k
2018: €44k
2019: €42k
2020: €54k
2021: €38k
2022: €47k
2023: €38k
2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€45k▲ 19.7%€39k▼ 15.0%€30k▼ 22.4%€34k▲ 13.2%
Operating result€-14k-€13k€-8k€-7k▲ 13.3%€4k
Net result€-16k-€7k€-7k€-9k▼ 26.7%€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €41k
Equity
€34k ▲ 13.2%
Debt
€7k ▲ 172%
Debt's share of the balance-sheet total rises from 7.9% to 17.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▲
2024 · €-6k
Cash flow
€4k▲
2024 · €-8k
Current ratio
5.89▼
2024 · 12.73
Debt to equity
0.20▲
2024 · 0.09
ROE
11.7%▲
2024 · -28.9%
ROA
9.7%▲
2024 · -26.6%
Interest coverage
7.87▲
2024 · -2.45
Debt ≤ 1 year
€7k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€32k€41k▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Current assets29/58€32k€41k▲
Amounts receivable within one year40/41€32k€37k▲
Trade receivables40€830€2k▲
Other amounts receivable41€31k€35k▲
Cash at bank and in hand54/58€206€3k▲
Deferred charges and accrued income490/1-€181
Equity and liabilities
Total equity and liabilities10/49€32k€41k▲
Equity10/15€30k€34k▲
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€2k€6k▲
Amounts payable17/49€3k€7k▲
Amounts payable within one year42/48€3k€7k▲
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€244€10▼
Taxes450/3€244€10▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€828€0▼
Other operating charges640/8€569€585▲
Gross operating margin9900€-6k€5k▲
Operating profit (loss)9901€-7k€4k▲
Financial income75/76B€1k€72▼
Recurring financial income75€1k€72▼
Financial charges65/66B€3k€564▼
Recurring financial charges65€3k€564▼
Profit (loss) for the period before taxes9903€-9k€4k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-9k€4k▲
Profit (loss) for the period to be appropriated9905€-9k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€6k▲
Profit (loss) brought forward from the previous period14P€11k€2k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 30.14
Current ratio from 2.96 to 30.14; short-term debt falls from €19k to €2k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-16k ▼231%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity times 22current ratio 43.53
Current ratio from 1.97 to 43.53; short-term debt falls from €45k to €978.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Drie Eikenstraat 2842650 EdegemGround area
207 m²
Building footprint
82 m²
Volume, LiDAR
733 m³
Parcel 11472C0185/00E000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Silicon-Bay Software Solutions
since 20052.162.603.320
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0185/00E000 | Flanders | 207 m² | 1 · 82 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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PRODICOB
BE 0809.363.842
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PADI
BE 0463.211.325
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WEBREGION
BE 0884.095.810
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Of 1,284 companies in sector 58290 we hold annual accounts for 593. 407 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2005
Fiscal year end31-12
Abbreviation NL
S-B.S.S.
Activities, NACEBEL 2025
58290Other software publishing
47400Retail sale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:03/232.47.33.